We live in a hyper-dynamic business world, which impacts the way we sell and how successfully our organizations can generate revenue. The purchasing function in many organizations is becoming much more strategic and powerful.
Tag: business acumen
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How is your sales team measuring up? And how can they forge long-lasting relationships that are mutually beneficial?
For employees to make a meaningful impact on the business, they need a true understanding of how that business works. Going beyond financial literacy to true business acumen is the key to producing real results.
The need for all of your managers to understand finance stems from the core business goal: to generate profit.
Your CFO doesn’t expect you to have a finance degree, just like you don’t expect them to have an HR degree. But they do expect you to be able to connect the financial dots.
Business acumen is an understanding of how an organization makes and uses money strategically. It's important for employees across the organization, but especially for training leaders, since they must be...
Sales has evolved from pushing products to selling value. To sell value, it is critical to know what is valuable and how that value will be measured.
Abetted by all-encompassing leadership competency models, which also came into vogue in the 1990s, L&D pros have been mixing and mingling three different types of learning as if they were one.
Business acumen is important for all employees, from the front line all the way to the corner office, but i’s especially important for HR and training leaders.